E — Health CareEIN: 610444716

Ashland Hospital Corporation

Ashland, Kentucky

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.37×
Peer Median0.50×
💰
$762.4M
Total Revenue
📊
$566.5M
Total Expenses
🏦
$777.0M
Net Assets
📋
$407.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.7%
Year-over-year change (2022 → 2023)
Net Margin
+25.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.37
Net assets divided by total expenses
Liabilities-to-Assets
34.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$762,357,164↓11%$566,525,812↓18%$1,184,563,830↑35%
2022$854,143,689↑16%$691,470,352↑16%$875,286,431↑13%
2021$734,768,924↑49%$597,796,181↑29%$776,253,929↓4%
2020$493,862,252↑10%$463,223,600↑8%$810,355,083↑17%
2019$449,332,256↑3%$428,539,365↑3%$692,505,967↑2%
2018$434,494,328↑2%$418,069,156↓2%$676,221,177↑1%
2017$424,175,528↑3%$425,676,369↑6%$671,315,108↑1%
2016$412,845,282↑1%$400,661,364↑1%$665,564,914↓1%
2015$408,305,175↓4%$396,205,268↓9%$673,175,591↓6%
2014$427,249,604↓8%$434,348,026↓7%$713,114,773↓13%
2013$465,224,893↓16%$465,791,174↓10%$822,243,145↓2%
2012$553,449,598$517,190,060↑1%$835,789,288↑6%
2011$551,853,337$513,761,860$789,113,026

Frequently Asked Questions

What does Ashland Hospital Corporation do?▼

Ashland Hospital Corporation is a health care nonprofit organization based in Kentucky. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ashland Hospital Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Ashland Hospital Corporation has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ashland Hospital Corporation generate?▼

Ashland Hospital Corporation reports $976.8M in annual revenue and holds $1.3B in total assets, based on IRS filings.

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